Fresh readings on retail spending and unemployment benefits quelled some of the restiveness about the US economy, parts of which remain restrained by elevated interest

When an economy contracts for two consecutive quarters, it is often considered to be in recession. European policymakers will be hoping that two consecutive quarters

SoftBank held talks with Intel about producing an artificial intelligence chip to compete with Nvidia but the plan foundered after the US chipmaker struggled to

Mortgage rates are at the lowest level in more than a year. For millions of Americans, it will take a lot more than that to

Sometimes politicians get wise. More often they get accidentally smart — or lucky. And this week, as America marks the second anniversary of the Inflation

Over the past year-and-a-half inflation has fallen sharply across the rich world. Although some central banks have now begun to cut interest rates, few are yet

US inflation fell to 2.9 per cent in July, bolstering the case for the Federal Reserve to cut interest rates at its next meeting in

Britain’s annual inflation rate rose to 2.2% last month – its first increase since December last year – and is expected to remain above its

For the first time this year, inflation is on the rise. After falling fairly steadily from above 11% almost two years ago, a bump in